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8 May 2013

Canada Apr Housing Starts s.a (YoY) decreases to 174.9K vs 181K in Mar.

May 8, 2013

Forex: EUR/NOK tanking after Norges Bank decision

The NOK is now sharply appreciating vs. the single currency after the Norges Bank left the refi rate unchanged at 1.5% in its monetary policy meeting. The renewed strength of the krone is...
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May 8, 2013

Forex: USD/CAD trading at session lows after Canadian housing data

The USD/CAD has recently touched intraday lows at 1.0037 Wednesday, after experiencing a tepid downturn throughout European trading. Indeed, two attempts at the upside – albeit ahead of an afternoon data release – were stonewalled at the 1.0060 region, culminating in a downturn to 1.0037/40 in these moments.
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